Black Box Limited has allotted 8,179 equity shares to Manish Agarwal through conversion of convertible warrants on February 11, 2026. The Board of Directors approved the allotment at their meeting held on the same date, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

Share Allotment Details

The equity shares were allotted at Rs. 417 per share, comprising a face value of Rs. 2 and a premium of Rs. 415 per share. The allotment was made against receipt of the balance subscription amount for warrant conversion.

Impact on Share Capital

The allotment resulted in an increase in the company's issued, subscribed and paid-up capital. The total number of equity shares outstanding increased from 17,04,82,543 to 17,04,90,722 shares.

Shareholding Pattern Changes

Manish Agarwal's shareholding in the company increased following the allotment, though his percentage holding remained unchanged at 0.01% due to the relatively small size of the allotment compared to the total share capital.

Warrant Conversion Process

The warrants were originally allotted on September 27, 2024, at Rs. 417 each. As per the conversion mechanism, 25% of the total consideration was received at the time of warrant allotment, while the balance 75% was received during the current conversion into equity shares.

Following this allotment, the company has 70,04,533 warrants outstanding for conversion. The newly allotted shares will rank pari passu with the existing equity shares of the company, carrying equal rights and privileges.

Black Box Limited has notified the stock exchanges regarding a structural change in its statutory auditor firm. The company informed the Bombay Stock Exchange and National Stock Exchange of India through a formal communication dated January 16, 2026.

Auditor Firm Conversion Details

The company's statutory auditors, M S K A & Associates, Chartered Accountants, have converted their firm structure into a Limited Liability Partnership (LLP). The conversion was completed under the provisions of the Limited Liability Partnership Act, 2008.

Continuity of Audit Services

The firm will continue to function and discharge their obligations as statutory auditors of Black Box Limited for the remaining period of their appointment tenure. The conversion to LLP structure does not affect the ongoing audit engagement or the firm's responsibilities toward the company.

Regulatory Compliance

The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Aditya Goswami signed the notification, ensuring proper disclosure to all stakeholders.

Company Background

Black Box Limited operates from its registered office at Airoli Knowledge Park in Navi Mumbai. The company maintains its listing on both major Indian stock exchanges with scrip codes BSE: 500463 and NSE: BBOX.